Comparable store sales increased 1.0%, including the negative impact of approximately 80 basis points related to lost sales from hurricanes
Operating income of $153.9 million
Diluted EPS of $0.44, including the negative impact of approximately $0.01 related to hurricanes
IRVING, Texas, 2017-Dec-04 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ: MIK) today (2017-11-30) announced financial results for…
IRVING, Texas, 2017-Jun-15 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ: MIK) today (June 15, 2017) announced that its Board of Directors has authorized a new share repurchase program for up to $500 million of its common stock. This announcement is in advance of the Company's Analyst Day presentation which is scheduled to begin…
Total net sales of $1.16 billion; comparable store sales decreased 1.2%
Operating income of $139.3 million
Diluted EPS of $0.38
Fiscal 2017 guidance updated in response to weakening Canadian exchange rates
IRVING, Texas, 2017-Jun-07 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ: MIK) today (2017-06-06) announced financial results for the…
Total net sales increased 5.0%; comparable store sales decreased 2.0%
Operating income of $146.3 million compared to $155.9 million in fiscal 2015; adjusted operating income of $148.6 million
Diluted EPS of $0.37 compared to $0.37 in fiscal 2015; adjusted diluted EPS of $0.40
Management provides updated guidance for fiscal 2016 adjusted diluted…
IRVING, Texas, 2016-Sep-05 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today (Sept. 01, 2016) announced that it will participate in the Goldman Sachs 23rd Annual Global Retailing Conference, which will be held at The Plaza Hotel in New York City, New York. Chuck Rubin, Chairman and CEO, and Denise Paulonis, EVP - Chief…
Total net sales increased 7.5% to $1.16 billion, or 8.1% on a constant currency basis
Comparable store sales increased 0.9%, or 1.4% on a constant currency basis
Operating income increased 0.9% to $145.3 million; adjusted operating income increased 6.3% to $153.0 million
Diluted EPS increased 6.3% to $0.34; adjusted diluted EPS increased 12.5% to $0.36…
IRVING, Texas, 2016-Feb-04 — /EPR Retail News/ — The Michaels Companies, Inc. (NASDAQ:MIK) today announced that it has acquired Lamrite West, Inc. and certain of its affiliates and subsidiaries ("Lamrite West"), an international wholesale and retail supplier of arts and crafts, for $150.0 million. The Company anticipates that the impact of the acquisition, excluding purchase accounting…
Craft Leader and Online DIY Marketplace Join Forces to Make Crafting Easier, More Accessible for All
IRVING, Texas, 2015-8-20— /EPR Retail News/ — Michaels (Nasdaq:MIK), the world's largest arts and crafts retailer and top online crafting resource, has partnered with trend-driven online DIY marketplace Darby Smart to make crafting simpler and more accessible to everyone.
The partnership…